{"id":36667,"date":"2023-07-17T07:34:25","date_gmt":"2023-07-17T11:34:25","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/bitcoin-stalls-as-crypto-frenzy-over-ripple-sec-ruling-cools\/"},"modified":"2023-07-17T07:34:27","modified_gmt":"2023-07-17T11:34:27","slug":"bitcoin-stalls-as-crypto-frenzy-over-ripple-sec-ruling-cools","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=36667","title":{"rendered":"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000693892\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.66666666666666%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\"><\/div>\n<\/figure><\/div>\n<p>\n        Bitcoin<br \/>\n       and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last week in the wake of a key court ruling in the U.S. over crypto regulation.<\/p>\n<p>The price of<br \/>\n        Bitcoin<br \/>\n        essentially has traded flat over the past 24 hours at $30,000, back in the trading range between $30,000 and $31,000 that has dominated for weeks now. The largest digital asset jumped to near $31,750 last Thursday after a federal judge delivered a partial win to token issuer Ripple and set important precedent over defining cryptos as securities. Bitcoin has since tumbled back.<\/p>\n<div class=\"paywall\">\n<p>\u201cThe market is simply cooling off after rallying from the 200-week average,\u201d said Alex Kuptsikevich, an analyst at broker FxPro. \u201cFailure to rally from current levels opens the door for a correction to the $27,000 area if risk-off sentiment intensifies later in the week. Alternatively, a move above $32,000 would confirm the bullish sentiment and open the way to $35,000 in the coming weeks.\u201d<\/p>\n<p>Last week\u2019s court ruling over the case between Ripple and the Securities and Exchange Commission gave hope to crypto bulls that many tokens would not be classified as securities. This would be a positive development for many digital assets as well as brokers like<br \/>\n        Coinbase Global<br \/>\n       (ticker: COIN). In the days since, however, traders appeared to be digesting the complex ruling\u2014which is only a partial win for Ripple, and may not hold the broad-sweeping implications initially thought.<\/p>\n<p>Beyond Bitcoin,<br \/>\n        Ether<br \/>\n      \u2014the second-largest token\u2014was flat at $1,930. Smaller cryptos, or altcoins, were weaker, with<br \/>\n        Cardano<br \/>\n       and<br \/>\n        Polygon<br \/>\n       down 1% each. Memecoins were more mixed, with<br \/>\n        Dogecoin<br \/>\n       advancing 1% but<br \/>\n        Shiba Inu<br \/>\n       shedding 2%.<\/p>\n<p>Write to Jack Denton at jack.denton@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/bitcoin-crypto-markets-today-c25b1125?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last week in the wake of a key court ruling in the U.S. over crypto regulation. The price of Bitcoin essentially has traded flat over the past 24 hours at $30,000, back in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":36668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-36667","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Bitcoin and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=36667\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Bitcoin and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=36667\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-17T11:34:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-17T11:34:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1689593666_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=36667#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=36667\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools\",\"datePublished\":\"2023-07-17T11:34:25+00:00\",\"dateModified\":\"2023-07-17T11:34:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=36667\"},\"wordCount\":295,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=36667#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=36667\",\"url\":\"https:\/\/ifintechworld.com\/?p=36667\",\"name\":\"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-17T11:34:25+00:00\",\"dateModified\":\"2023-07-17T11:34:27+00:00\",\"description\":\"Bitcoin and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=36667#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=36667\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=36667#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools | iFintechWorld","description":"Bitcoin and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=36667","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools | iFintechWorld","og_description":"Bitcoin and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last","og_url":"https:\/\/ifintechworld.com\/?p=36667","og_site_name":"iFintechWorld","article_published_time":"2023-07-17T11:34:25+00:00","article_modified_time":"2023-07-17T11:34:27+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1689593666_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=36667#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=36667"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools","datePublished":"2023-07-17T11:34:25+00:00","dateModified":"2023-07-17T11:34:27+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=36667"},"wordCount":295,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=36667#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=36667","url":"https:\/\/ifintechworld.com\/?p=36667","name":"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-07-17T11:34:25+00:00","dateModified":"2023-07-17T11:34:27+00:00","description":"Bitcoin and other cryptocurrencies were little changed on Monday, with digital assets muted after prices fell back from 13-month highs reached late last","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=36667#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=36667"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=36667#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Stalls as Crypto Frenzy Over Ripple-SEC Ruling Cools"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/36667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36667"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/36667\/revisions"}],"predecessor-version":[{"id":36669,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/36667\/revisions\/36669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/36668"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}